Taking a loan simply means accessing money you are yet to
earn, and spending tomorrow’s money today. What makes the difference is
what you use the money for.
Spending more than you earn
has put many families in financial difficulty. Among the poor and
middle class, money is the biggest cause of marital discord and eventual
break up. Since most couples hardly discuss money, most money battles
are fought in other arenas – in-laws, marital bed, friends, child
discipline etc. Financial frustrations are vented in the wrong places.
Many
husbands have borrowed money to please their wives, buying gifts they
cannot afford or going on holiday funded by credit card. Everything
goes smoothly until the bills start to arrive. As the husband struggles
to keep up with payments, resentment sets in, and this sets the stage
for quarrels at the least
provocation.
The love of money may be
the root of all evil, but the lack of money is the root of bitterness.
Money may not buy love but without money, love can suffocate. Like it or
dislike it, you cannot ignore money. Financial independence is the
springboard to other freedoms. If you do not handle your finances
properly, your love nest can turn to a matrimonial shouting festival and
in some instances, boxing ring and domestic violence.
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